FTC sues 'credit repair' companies

Alleges they charged consumers before performing service

Two companies targeting Spanish-speaking consumers with claims that they could improve consumers’ credit ratings have allegedly violated federal laws, according to the Federal Trade Commission. The FTC has asked a federal district court to halt both companies’ illegal business practices and award consumer redress.

The FTC alleges that Florida-based Sunshine Credit Repair Inc. and Service Brokers Associates Inc.